RBI revises its liquidity management framework: LTRO introduced in place of 14 days fixed term repo
As announced in the Statement on Developmental and Regulatory Policies of February 6, 2020, the Reserve Bank of India has decided to revise its liquidity management through which it controls cash in the banking system to rationalise interest rates in line with the policy actions. Instruments of liquidity management will include “fixed and variable rate … Continue reading RBI revises its liquidity management framework: LTRO introduced in place of 14 days fixed term repo
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